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9. Stockholders' equity is reduced on which of the following cash dividend dates? A. Date of declaration Date of record Date of payment Both A

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9. Stockholders' equity is reduced on which of the following cash dividend dates? A. Date of declaration Date of record Date of payment Both A and C None of the above D. E. 10. All of the following are true concerning treasury stock except: A B. Treasury shares are included in the company's issued shares The acquisition of treasury stock decreases total assets and decreases total Stockholder's Equity Treasury stock receives dividends. Treasury stock does not have voting rights. D

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